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FORM 8-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Act of 1934
Date of Report (Date of earliest event reported) November 30, 1998
KALAN GOLD CORPORATION
(Exact name of Registrant as specified in its charter)
Colorado 0-25658 84-1357927
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(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation or organization) File Number) Identification No.)
Tower II, Suite 100,
12835 E. Arapahoe Road
Englewood, Colorado 80112
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(Address of principal executive offices and Zip Code)
(303) 706-1606
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(Registrant's telephone number including area code)
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Act of 1934
Item 1. Changes in Control of Registrant.
See Item 5 below
Item 2. Acquisition or Disposition of Assets.
See Item 5 below
Item 3. Bankruptcy or Receivership.
Not Applicable
Item 4. Changes in Registrant's Certifying Accountant.
Not Applicable
Item 5. Other Events
The Registrant has entered into a letter of intent to acquire 100% of
the issued and outstanding common shares of the wholly-owned subsidiary of
Popbridge Industrial Limited (Popbridge), a manufacturing company located in
Hong Kong. Under the terms of the letter of intent, the Registrant would
issue 15,000,000 of its common shares. The Board of Directors of the
Registrant would be replaced by management of Popbridge. The Closing of the
transaction is subject to due diligence by both parties and the requirement
that the Registrant have in place a commitment by a third party to raise a
total of $2,500,000US for the Registrant after the Closing. If the Registrant
consummates this transaction, of which there can be no guarantee, it is
planned that the current owners of Popbridge will assume control of the
Registrant and will apply to the NASDAQ System to have the Registrant's
securities traded there.
Popbridge is a designer and manufacturer of power supply units,
magnetics and printed circuit board assemblies for the Medical,
Communication, and Office Equipment industries. Popbridge sells its products
world-wide to a number of highly recognized companies such as Hewlett
Packard, Xerox corporation, Scitex, Gilat, and the Lambda Group. All
manufacturing is done in a 17,000 square meter factory located near the Chang
Au exit of the Guangzhou Shenzhen Expressway in the Peoples Republic of
China. Popbridge employs approximately 1,000 people in its organization.
Item 6. Resignation of Registrant's Directors.
Not Applicable
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
Not Applicable
Item 8. Change in Fiscal Year.
Not Applicable
Item 9. Sales of Equity Securities Pursuant to Regulation S.
Not Applicable
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
KALAN GOLD CORPORATION
Dated: November 30, 1998 By: /s/ Sanford Altberger
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Sanford Altberger
President and Chief Executive Officer
